By Jonathan Stempel(Reuters) - Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling about half its stake in Apple, even as the conglomerate posted a record quarterly operating profit.Berkshire's...
"Bond King" Bill Gross offered a bearish view of the stock market, just as the "Oracle of Omaha" Warren Buffett also signaled less optimism.In a post on X early Friday, Gross said there are very few "bull stocks" and pointed...
Months after the federal government gave Intel $8.5 billion in grants to help bring back chipmaking to the U.S., the company said it is cutting 15% of its workforce, which translates to around 17,000 jobs.The tech company announced the job...
Some stocks have total-return charts that border on the edge of being art. Posting steady returns, seemingly year in and year out, these resilient businesses are proof of the mantra, "winners keep winning."One company that fits this billing quite well...
Enterprise Product Partners (NYSE: EPD) has been a model of consistency over the years, and its second-quarter results continue to demonstrate this. However, the company is in the process of looking to take growth to a higher level over the...
Investors initially bought into the hype surrounding ChargePoint (NYSE: CHPT) and other charging infrastructure companies. It was a logical direction with the electric vehicle (EV) industry poised to boom in the coming years. In fact, some of the biggest concerns...
Consumer staples companies generally tend to be resilient during challenging macroeconomic times. This is because they sell products that are considered essential for daily life. Using TipRanks’ Stock Comparison Tool, we placed Walmart (WMT), Costco (COST), and Coca-Cola (KO) against...
Invest $50K in Johnson & Johnson to Become a Dividend Millionaire in 10 YearsBenzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.Warren Buffett, one of the most successful dividend investors in history,...
Block (NYSE: SQ) is in the midst of a shake-up, including a hiring freeze and a business reset. In this latest move, co-founder and CEO Jack Dorsey told employees he plans to restructure Block, warning them that it could feel...
The past few years have been tough on speculative growth stocks like Upstart (NASDAQ: UPST) and SentinelOne (NYSE: S). High interest rates have soured investors' appetite for both stocks and, in Upstart's case, turned the business itself on its head.But...
